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<p>[QUOTE=&quot;GoldFinger1969, post: 3700881, member: 73489&quot;]That&#039;s the rub....<b><i>HOW patient are you willing to be ?</i></b></p><p><br /></p><p><b><span style="color: #0000ff">You are in effect bidding at BELOW FMV by subtracting S&amp;H and other expenses. </span></b> When you add in Ebay listing fees...time value of money....S&amp;H...and Heritage or other auction houses Buyers Premium....I think the chances of getting something at or close to FMV is very low for a current auction. </p><p><br /></p><p>Maybe if you keep doing it long enough and you catch an auction where there are fewer bidders, you get lucky.&nbsp; But it&#039;s going to have to be something on an illiqiud, less-traded item where you don&#039;t have lots of bidders/buyers (i.e., Saint-Gaudens $20 Gold Coins).</p><p><br /></p><p>But the same lack of bidding that may eventually turn in your favor can also work against you....just like in baseball free agency, it only takes <b>One Dumb Buyer</b> to move the price up high.</p><p><br /></p><p>I have bid and won stuff on Ebay for $100 that a few weeks later sold for $30.&nbsp; OTOH, I have bid low on stuff and said I&#039;ll wait for the price to come to me and months (even years !) later, I&#039;m still waiting. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>It all depends on how much the item costs (paying a preium on lower-priced stuff is less painful in absolute terms) and how long you are willing to wait.</p><p><br /></p><p><b>If a $1 Silver Certificate has a FMV of $30 and I can only get it for $60, I may say screw it and just bid and put it in my curio cabinet ASAP.</b>&nbsp; OTOH, I&#039;m not paying 100% over FMV for a gold coin costing 4 or 5-figures.[/QUOTE]</p><p><br /></p>

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